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$265,000
16 Days On Site
1550 Dows StreetEly, IA 52227
For Sale|Multi Family|Active
0
Beds
0
Total Baths
2,474
SqFt
$107
/SqFt
1904
Built
County:
Linn
Call Now: (319) 423-9515
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(319) 423-9515
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This Fantastic 4-plex is located in the heart of Ely's Old Town District! Spacious 1 bed 1 bath units and 4 long term tenants with leases in place until April of 2027. New stairs and balcony! The charming and growing community of Ely is situated between two strong employment centers in Cedar Rapids and Iowa City resulting in a ton of future potential. Detached 3 car garage stalls are rented on an individual basis and property includes an extra yard space, or potential for expansion. A short drive to Cedar Rapids Airport & Airport National Golf Course, and a short walk to bars and restaurants. This well maintained investment property won't last long. Call for a showing today!
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Listing Snapshot
Price
$265,000
Days On Site
16 Days
Bedrooms
N/A
Inside Area (SqFt)
2,474 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
1904
MLS® Number
2606246
Status
Active
Property Tax
$2,898
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing first seen on site | |
| 2 weeks ago | Listing updated with changes from the MLS® |
General Features
Acres
0.14
Foundation
Block
Garage
Yes
Pets
Yes
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RS
Interior Features
Heating
Electric
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Exterior Features
Construction Details
FrameVinyl Siding
Community Features
MLS Area
OT-E (East of I-380)
Financing Terms Available
CashConventional
Schools
School District
Unknown
Elementary School
College Comm
Middle School
College Comm
High School
College Comm
All or a portion of the multiple Listing information is provided by the Cedar Rapids Area Association of Realtors, from a copyrighted compilation of listings. All IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Cedar Rapids Area Association of Realtors MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Cedar Rapids Area Association of Realtors. All rights reserved.
Listing courtesy of Paul Park of LEPIC-KROEGER, REALTORS.
Last checked 2026-09-22 03:57 AM CDT.
Listing courtesy of Paul Park of LEPIC-KROEGER, REALTORS.
Last checked 2026-09-22 03:57 AM CDT.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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